Constructonomics

MAY 2, 2014

Of course we fronted large amounts of money for labor and materials that we were now looking to finance because payment was not being made. This attention to detail is paramount when trying to collect money because people tend to have amnesia when it involves payment and especially when it involves change orders.

Lien 186

Lien Finance Deals Legal 186

Fieldwire

AUGUST 6, 2023

Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster. As unplanned work and change orders creep into your project scope, the cost can easily go out of control if it is not managed closely.

Project Management 98

Project Management Management Construction Budgeting 98

Autodesk Construction Cloud

DECEMBER 18, 2021

Problems like delayed change orders, poor communication and lost paperwork may make it harder to close out a project on time. The first step is to track every part of the project to streamline reviewing legal terms and change orders, for example. Delayed change order resolution. The reverse bell curve.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Contractor Bookkeeping

JUNE 15, 2012

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Get Organized - Pick a company name that says something about what you are doing. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JUNE 20, 2014

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Get Organized - Pick a company name that says something about what you are doing. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

Did You Use Your Personal Credit Cards - And supplier accounts to finance your new business and perhaps you were not careful about what you bought? Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion.

Construction 48

Construction Insurance Accounting Claims 48

Autodesk Construction Cloud

MAY 5, 2023

They require flexible solutions that can keep up and make their lives easier whether they are in the office or at the jobsite. Until recently, software applications for managing the finances of construction paid little attention to anyone outside of the back office. Implement webhooks and get notifications for any changes in app data.

Office 52

Office Autodesk Accounting Project Management 52